Central Bank official: Armenia banking system credit portfolio increased by 20.4% in 2023 compared to previous year
As of the end of December 2023, the credit portfolio of the banking system amounted to about 4.7 trillion drams, increasing by about 797 billion drams or 20.4 percent compared to the previous year, Hovhannes Khachatryan, Deputy Governor of the Central Bank of Armenia, told Armenpress
"Deposits (dem…